Monday 02, January 2017 by

IDB Infrastructure Fund II takes Equity Stake in Utico

Bahrain-based ASMA Capital has signed a deal with Utico for a significant minority stake. ASMA is owned by sovereign institutions including Islamic Development Bank (IDB), Saudi Arabia’s Public Investment Fund (PIF) and Public Pension Agency (PPA), Ministry of Finance of Bahrain and Ministry of Finance of Brunei.

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